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Underwriting Careers at Industry Leaders

Discover your next underwriting adventure with friends of Kalepa and leaders in commercial insurance

Executive Underwriter, Surety

Arch Capital Group

Arch Capital Group

Marketing & Communications
Seattle, WA, USA
Posted on Friday, June 21, 2024

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Job Summary

Partnering with a regional leader, provide underwriting and marketing duties by conducting high levels of financial analysis, risk assessment and utilizing technical underwriting expertise to determine credit quality and underwriting acceptability.

Responsibilities:

  • Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk

  • Develop and maintain strong working relationships with assigned producers and cultivate new relationships

  • Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory

  • Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed

  • Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;

  • Performs additional projects as requested by Regional Lead

Key Competencies:

  • Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract accounts

  • Strong communication and organizational skills

  • Ability to multi-task and prioritize workload to meet agreed upon expectations

  • Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.

Preferred Technical Skills:

  • Strong computer skills including proficiency in Microsoft Office software products.

Experience:

  • Minimum of three years surety underwriting experience and/or equivalent surety related experience required.

  • AFSB designation preferred.

#LI-JD1

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

$110,058 - $148,902/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above range may be modified in the future

  • Click here to learn more on available benefits

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.